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Browse: Home / 2017 / December / 15 / Another ICO Draws a Securities Class Action Lawsuit | The D&O Diary

Another ICO Draws a Securities Class Action Lawsuit | The D&O Diary

By Securities Docket on December 15, 2017, 8:27 am

According to news reports, the amount raised through Initial Coin Offerings (ICOs) in 2017 now exceeds $4 billion. This surge of activity has drawn the attention of regulators. The SEC is clearly stepping up its ICO-related enforcement activity. ICOs are also drawing the attention of securities class action plaintiffs’ attorneys. As I noted in a prior post, plaintiffs’ attorneys have filed several securities class action lawsuits in connection with the Tezos ICO early this year. Now plaintiff attorneys have filed yet another ICO-related securities class action lawsuit, in this case involving the high-profile and controversial Centra Tech ICO.

via Another ICO Draws a Securities Class Action Lawsuit | The D&O Diary

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Posted in Class Actions, Top | Tagged Centra, ICOs

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